Cryptocurrency

Solana

Bitcoin

April

<div class="finbold">
 <p class="paragraph">During a favorable phase for most cryptocurrencies, 0x (ZRX) emerged as one of the standout performers, albeit less conspicuously. Amidst its bullish trend, both its market capitalization and value saw a significant multiplication.</p>
 <div></div>
 <p class="paragraph">In recent <a rel="noopener noreferrer nofollow" title="months" href="https://thebittimes.com/tag/months.html">months</a>, 0x’s <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> capitalization experienced remarkable growth, soaring by +238% in two <a rel="noopener noreferrer nofollow" title="months" href="https://thebittimes.com/tag/months.html">months</a> and, notably, almost doubling (+89%) in a mere two-day span. This surge in value coincided with a significant uptick in large-scale ZRX transactions, reaching a peak not seen in 1.5 years.&nbsp;</p>
 <p class="paragraph">Additionally, older coins, which had been dormant, re-entered circulation. This activity was highlighted by <em>Santiment</em>, a blockchain and cryptocurrency behavior analysis platform, in a post on November 12.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="607" src="https://cdn.thebittimes.com/images/2023/11/13/a7cac5830fbcdc252502e1ce94fa546a.webp" alt="ZRX value and market cap increase.  Source: Santiment" class="wp-image-137038" srcset="https://cdn.thebittimes.com/images/2023/11/13/a7cac5830fbcdc252502e1ce94fa546a.webp 1024w, https://cdn.thebittimes.com/images/2023/11/13/a7cac5830fbcdc252502e1ce94fa546a.webp 300w, https://cdn.thebittimes.com/images/2023/11/13/a7cac5830fbcdc252502e1ce94fa546a.webp 768w, https://cdn.thebittimes.com/images/2023/11/13/a7cac5830fbcdc252502e1ce94fa546a.webp 1536w, https://cdn.thebittimes.com/images/2023/11/13/a7cac5830fbcdc252502e1ce94fa546a.webp 1705w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   ZRX value and market cap increase. Source: Santiment
  </figcaption>
 </figure>
 <p class="paragraph">This multiple-fold increase over the two-month period has brought the <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> cap of 0x to $479.97 million.&nbsp;</p>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/13/604f36929216ba08930c7c7974be6a7c.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="over-60-000-bitcoin-millionaires-emerge-in-2023-3x-more-since-january">Over 60,000 Bitcoin millionaires emerge in 2023, 3x more since January</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/12/52e0b42013d0c62936beff7a279ed84e.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="xrp-needs-to-meet-this-condition-to-resume-a-further-move-up">XRP needs to meet this condition to resume a 'further move up'</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/13/0d32dc98f1569c980f9333c09bcfe7f8.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="chatgpt-predicts-solana-price-for-2024-2028-2032-and-2050">ChatGPT predicts Solana price for 2024, 2028, 2032 and 2050</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/13/4db345f994a0bcdb618bc3f8a6383920.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="top-3-cryptocurrencies-under-0-10-to-buy-next-week">Top 3 cryptocurrencies under $0.10 to buy next week</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/11/13/63c94c153e86aacede91e8f64103746f.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="biggest-bull-run-ever-looms-for-bitcoin-as-this-indicator-reappears-after-8-years">'Biggest bull run ever' looms for Bitcoin as this indicator reappears after 8 years&nbsp;</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">There have been 23 transactions exceeding a value of $100,000 in a single day since April 22, 2022. Notably, the average age of 0x investments is dropping, indicating that older wallets are moving and more coins can circulate.</p>
 <p class="paragraph">This trend looks set to continue in the near future, which will further increase the liquidity of this <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> asset and allow for more new investors to step in.</p>
 <h2 class="wp-block-heading" id="h-zrx-price-analysis">ZRX price analysis</h2>
 <p class="paragraph">At the time of press, 0x was trading at $0.58, representing a 9.83% positive increase in the 24-hour period, which has followed a remarkable 123.92% increase over the 7-day period, coupled with a skyrocket in value of 176.67% in the previous 30-day span.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/11/13/5571549cc8b51c2c19428b99f0180b6f.webp" alt="ZRX 24-hour price chart.  Source: Finbold
" class="wp-image-137039" srcset="https://cdn.thebittimes.com/images/2023/11/13/5571549cc8b51c2c19428b99f0180b6f.webp 1024w, https://cdn.thebittimes.com/images/2023/11/13/5571549cc8b51c2c19428b99f0180b6f.webp 300w, https://cdn.thebittimes.com/images/2023/11/13/5571549cc8b51c2c19428b99f0180b6f.webp 768w, https://cdn.thebittimes.com/images/2023/11/13/5571549cc8b51c2c19428b99f0180b6f.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   ZRX 24-hour price chart. Source: Finbold
  </figcaption>
 </figure>
 <p class="paragraph">This value increase comes from solid indicators in the same period, where it has outperformed 91% of the top 100 <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets in a year. Also, 0x has had 21 green days in the previous 30 days and is trading above the 200-day moving average simultaneously.</p>
 <p class="paragraph">However, it is still -79% down in value from its all-time high, and indicators suggest that it is overbought and may soon experience a decrease in value.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/this-cryptocurrency-grew-its-market-cap-over-200-in-2-months-tbt70050.html">https://thebittimes.com/this-cryptocurrency-grew-its-market-cap-over-200-in-2-months-tbt70050.html</a></p>

This cryptocurrency grew its market cap over 200% in 2 months

Table of Contents

TheBitTimes

Other articles published on Nov 13, 2023

Will Altcoins Rise and Will BTC Reach $40,000 This Week?

Crypto Taxation: 47 states adhere to CARF!

Update on WEMIX.Fi Pool Support

Chinese Gang Dupes Users With Fake Skype and Binance Apps, Millions in Crypto Stolen

CBOE Digital to Launch the First Crypto Platform for Spot and Margin Trading

How High Can Solana, Toncoin, and Bitcoin Spark Reach in The Crypto Bull Season?

Join our free newsletter for daily crypto updates!